* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, October 27, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Dylan Efron suffers brutal nose injury in ‘DWTS’ rehearsals – Yahoo

    Dylan Efron Endures Painful Nose Injury During ‘DWTS’ Rehearsals

    Person shot, injured in parking lot of adult entertainment club in Gresham – KPTV

    Person Shot and Injured in Gresham Adult Entertainment Club Parking Lot

    Meet Belynda From ‘Married at First Sight’ Season 19: Age, Job, Instagram and More – Yahoo

    Meet Belynda from ‘Married at First Sight’ Season 19: Age, Career, Instagram & More Revealed!

    General Hospital’s Rena Sofer Exits as Lois — But the Door Isn’t Closed – Yahoo

    General Hospital’s Rena Sofer Exits as Lois — But the Door Isn’t Closed – Yahoo

    CNN Launches New Show – What to Know About Host Elex Michaelson – Central Oregon Daily

    Get to Know Elex Michaelson: The Dynamic New Host Taking CNN by Storm

    Johnny Depp Set To Finally Make His Big Hollywood Comeback After Amber Heard Controversy – Yahoo

    Johnny Depp Set for a Triumphant Hollywood Comeback Following Amber Heard Controversy

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Jim Cramer on GSI Technology: “That Thing is a Rocket Ship” – Yahoo Finance

    Jim Cramer Labels GSI Technology a “Rocket Ship” Poised for Takeoff

    The Anti-Tech Backlash Is Going to Grow Stronger – Jacobin

    The Anti-Tech Backlash Is Gaining Unstoppable Momentum

    Comments to EU Regarding the Draft Revised Technology Transfer Block Exemption Regulation and Technology Transfer Guidelines – Information Technology and Innovation Foundation

    Have Your Say: Share Your Thoughts on the Draft Revised Technology Transfer Block Exemption Regulation and Guidelines

    Ghost Tapping is exploiting tap-to-pay technology in order to steal your money; what your need to know – ABC7 New York

    Ghost Tapping: How Thieves Are Using Tap-to-Pay Technology to Steal Your Money and What You Need to Know

    New technology for grading and packing dates – FreshPlaza

    Revolutionary Technology Transforms Date Grading and Packing Process

    Project underway to upgrade technology on 911 towers in Kanawha County – WCHS

    Kanawha County Launches Major Upgrade to 911 Tower Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Dylan Efron suffers brutal nose injury in ‘DWTS’ rehearsals – Yahoo

    Dylan Efron Endures Painful Nose Injury During ‘DWTS’ Rehearsals

    Person shot, injured in parking lot of adult entertainment club in Gresham – KPTV

    Person Shot and Injured in Gresham Adult Entertainment Club Parking Lot

    Meet Belynda From ‘Married at First Sight’ Season 19: Age, Job, Instagram and More – Yahoo

    Meet Belynda from ‘Married at First Sight’ Season 19: Age, Career, Instagram & More Revealed!

    General Hospital’s Rena Sofer Exits as Lois — But the Door Isn’t Closed – Yahoo

    General Hospital’s Rena Sofer Exits as Lois — But the Door Isn’t Closed – Yahoo

    CNN Launches New Show – What to Know About Host Elex Michaelson – Central Oregon Daily

    Get to Know Elex Michaelson: The Dynamic New Host Taking CNN by Storm

    Johnny Depp Set To Finally Make His Big Hollywood Comeback After Amber Heard Controversy – Yahoo

    Johnny Depp Set for a Triumphant Hollywood Comeback Following Amber Heard Controversy

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Jim Cramer on GSI Technology: “That Thing is a Rocket Ship” – Yahoo Finance

    Jim Cramer Labels GSI Technology a “Rocket Ship” Poised for Takeoff

    The Anti-Tech Backlash Is Going to Grow Stronger – Jacobin

    The Anti-Tech Backlash Is Gaining Unstoppable Momentum

    Comments to EU Regarding the Draft Revised Technology Transfer Block Exemption Regulation and Technology Transfer Guidelines – Information Technology and Innovation Foundation

    Have Your Say: Share Your Thoughts on the Draft Revised Technology Transfer Block Exemption Regulation and Guidelines

    Ghost Tapping is exploiting tap-to-pay technology in order to steal your money; what your need to know – ABC7 New York

    Ghost Tapping: How Thieves Are Using Tap-to-Pay Technology to Steal Your Money and What You Need to Know

    New technology for grading and packing dates – FreshPlaza

    Revolutionary Technology Transforms Date Grading and Packing Process

    Project underway to upgrade technology on 911 towers in Kanawha County – WCHS

    Kanawha County Launches Major Upgrade to 911 Tower Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

Zelnick on Roll7 and Intercept Games: “We didn’t shutter those studios”

May 19, 2024
in General
Zelnick on Roll7 and Intercept Games: “We didn’t shutter those studios”
Share on FacebookShare on Twitter

Update: Take-Two says “entire organisation contributed to cost reduction efforts” after CEO claims firm hasn’t “shuttered anything”

Original story: Take-Two hasn’t shut down Roll7 and Intercept Games, CEO Strauss Zelnick said in an interview.

Talking to IGN off the back of the company’s Q4 financials, Zelnick was asked about why the closures happened.

He replied: “We didn’t shutter those studios, to be clear. And we are always looking at our release schedule across all of our studios to make sure that it makes sense. So we are being very judicious because we are in the middle of a cost reduction program that we’ve already concluded and are now fully rolling out.

“We’ve announced that we’re saving $165 million in existing and future costs, but we haven’t shuttered anything.”

IGN senior reporter Rebekah Valentine further asked Zelnick about whether he was denying the reports, at which point a PR representative interjected and said:

“What we’ve said is, in the 8-K filing that we put out, we talked about the cost reduction plan is approximately 5% reduction in headcount worldwide, but we did not give a label-by-label breakdown of what that looks like.”

When asked again whether the studios still existed, Take-Two did not provide more details, with the PR adding: “We have not provided any additional colour beyond what I just said.”

Later in the interview, discussing Private Division’s health specifically, Zelnick said he didn’t think the label was in trouble, adding: “I think, as I said, we’re reviewing all of the projects company-wide, and sometimes we do have to make hard choices. We just tend to leave those announcements to the label, we don’t tend to talk about them, so we’re not trying to be cute or difficult today. It’s just that we don’t tend to bring those discussions into these meetings.”

Reports of Roll7 and Intercept Games being shut down emerged earlier this month through Bloomberg, which had access to internal documentation about the closures. A WARN notice was also filed in Washington indicating a studio closure impacting 70 people in Seattle (Intercept Games has about 70 staff and is based in Seattle). Take-Two never formally confirmed the closures.

Take-Two’s financial report yesterday saw the company post a $3.74 billion net loss, confirming that GTA 6 won’t release this current fiscal year.

Update: Replying to GamesIndustry.biz’s request for comment, a Take-Two representative provided the following statement:

“Our entire organisation contributed to our cost reduction efforts, including Private Division. We refocused our pipeline within Private Division and are still planning to support an array of titles,” they said, listing Moon Studio’s No Rest for the Wicked, Wētā Workshop Game Studio’s Tales of the Shire, and atitle in partnership with Gamefreak.

“Additionally, the label continues to make updates to Kerbal Space Program 2. We will continue to opportunistically evaluate future projects that have the potential to meet our financial benchmarks.”

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Game Industry – https://www.gamesindustry.biz/zelnick-on-roll7-and-intercept-games-we-didnt-shutter-those-studios

Previous Post

Doctor Who Just Threw Everyone a Heck of a Curveball

Next Post

Phoenix Labs hit by another round of layoffs

Canada-U.S. Tensions Stay on Baseball Field During Blue Jays-Dodgers World Series – The New York Times

Canada-U.S. Rivalry Heats Up on the Baseball Field in Blue Jays-Dodgers World Series

October 27, 2025
Marketplace without a storefront: how ChatGPT is creating a new shopping economy in the age of AI – realnoevremya.com

How ChatGPT is Transforming Shopping with a Storefront-Free Marketplace in the AI Era

October 27, 2025
Dylan Efron suffers brutal nose injury in ‘DWTS’ rehearsals – Yahoo

Dylan Efron Endures Painful Nose Injury During ‘DWTS’ Rehearsals

October 27, 2025
Close Up: The future of health care premiums, open races in 2026 – KCCI

What’s Next for Health Care Premiums and the High-Stakes 2026 Elections?

October 27, 2025
Sen. McCormick defends Trump’s controversial moves, praises his Democratic counterpart as shutdown continues – CNN

Sen. McCormick Backs Trump’s Bold Moves and Praises Democratic Rival Amid Shutdown Showdown

October 27, 2025
How sea star wasting disease transformed the West Coast’s ecology and economy – The Conversation

How Sea Star Wasting Disease Reshaped the West Coast’s Ecology and Economy

October 26, 2025
Bats in The US Can Glow Ghostly Green, And Scientists Have No Idea Why – ScienceAlert

Scientists Stumped by the Enigmatic Glow of Green Bats in the US

October 26, 2025
Wahpeton Middle School students learn science through “Float Your Boat” project – wahpetondailynews.com

Wahpeton Middle School Students Make Waves with Exciting “Float Your Boat” Science Project

October 26, 2025
Looking Back week of Oct. 30 – The Ellsworth American

Top Moments and Highlights from the Week of October 30

October 26, 2025
Jim Cramer on GSI Technology: “That Thing is a Rocket Ship” – Yahoo Finance

Jim Cramer Labels GSI Technology a “Rocket Ship” Poised for Takeoff

October 26, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (888)
  • Economy (910)
  • Entertainment (21,781)
  • General (17,828)
  • Health (9,951)
  • Lifestyle (922)
  • News (22,149)
  • People (910)
  • Politics (920)
  • Science (16,120)
  • Sports (21,409)
  • Technology (15,889)
  • World (893)

Recent News

Canada-U.S. Tensions Stay on Baseball Field During Blue Jays-Dodgers World Series – The New York Times

Canada-U.S. Rivalry Heats Up on the Baseball Field in Blue Jays-Dodgers World Series

October 27, 2025
Marketplace without a storefront: how ChatGPT is creating a new shopping economy in the age of AI – realnoevremya.com

How ChatGPT is Transforming Shopping with a Storefront-Free Marketplace in the AI Era

October 27, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version